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4-bed · 4,485 sqftFortunato, Jumeirah Village Circle (JVC) · Ground floor · completed 2014

T-23, Fortunato

Sold prices and rental history: sold once, by the developer in August 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit T-23 · DLD and Ejari recordsUpdated 16 October 2025
Last soldAED 2.37M15 August 2009
Current rentAED 160K /yr16 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for T-23, Fortunato

What is T-23 worth today?

Last sold for AED 2,374,700 in 2009

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16 Oct 2025RentedNew contract
AED 160,000/yr12 months · AED 36 per sqft
1 Nov 2023RentedNew contract
AED 164,000/yr12 months · AED 37 per sqft
1 Oct 2022RentedRenewal
AED 80,000/yr12 months · AED 18 per sqft
1 Oct 2021RentedRenewal
AED 80,000/yr12 months · AED 18 per sqft
1 Oct 2020RentedNew contract
AED 80,000/yr12 months · AED 18 per sqft
20 Sep 2018RentedRenewal
AED 115,000/yr12 months · AED 26 per sqft
20 Sep 2017RentedNew contract
AED 130,000/yr12 months · AED 29 per sqft
26 Jul 2015RentedNew contract
AED 145,000/yr12 months · AED 32 per sqft

Source: Dubai Land Department. Updated 16 October 2025.

Key facts

Type
4-bed apartment
Size
4,485 sqft
Floor
Ground of 4
Parking
Attached
Developer
Al Tajir Real Estate
Completed
2014
Service charge
AED 46,100 /yr
Last sold
AED 2.37M · August 2009
Building
Fortunato

About T-23, Fortunato

T-23 is a four-bedroom apartment of 4,485 sqft on the ground floor of Fortunato, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2014 by Al Tajir Real Estate. The developer sold it on 15 August 2009 for AED 2,374,700, or AED 529 per sqft, 22% below the AED 674 four-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 16 October 2025, is AED 160,000 a year: a gross yield of 6.7% on the 2009 price, before the service charge of about AED 46,100 a year.

Sales and rents for T-23 over time

Sales
Unit T-23, each saleTypical four-bed in Fortunato
2M2009201420192024Typical sale price by year: 2009 AED 2,200,000; 2014 AED 1,707,179; 2015 AED 1,338,372; 2016 AED 2,005,000; 2020 AED 1,250,000; 2023 AED 1,875,000; 2025 AED 2,225,000; 2026 AED 2,340,303Sold by developer, August 2009: AED 2,374,700 (AED 529 per sqft)

T-23 has sold once; the dashed line is the four-bed median of each year in the building.

Rents
Unit T-23, each contractTypical four-bed in Fortunato
100K150K20152018202120242027Typical rent by year: 2015 AED 142,500; 2016 AED 140,000; 2017 AED 130,000; 2018 AED 120,000; 2019 AED 95,000; 2020 AED 88,000; 2021 AED 85,000; 2022 AED 97,500; 2023 AED 125,000; 2024 AED 127,000; 2025 AED 152,250; 2026 AED 139,000New contract, July 2015: AED 145,000 a yearNew contract, September 2017: AED 130,000 a yearRenewal, September 2018: AED 115,000 a yearNew contract, October 2020: AED 80,000 a yearRenewal, October 2021: AED 80,000 a yearRenewal, October 2022: AED 80,000 a yearNew contract, November 2023: AED 164,000 a yearNew contract, October 2025: AED 160,000 a year

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.

4-beds in Fortunato, and where T-23 sits

All 30 4-beds →

T-23 last sold in August 2009 at AED 529 per sqft, 22% below what four-beds in Fortunato were fetching at the time (AED 674). Over the last 12 months four-beds sold for AED 2,300,000 to 2,950,000, around AED 722 per sqft, and rent for AED 80,000 to 170,000 a year. T-23's AED 160,000 is in the upper half of that range.

Recent 4-bed salesUnit no.Price (AED)Summary
18 May 20262,340,303
20 Apr 20262,300,000
29 Jan 20262,950,000
30 Apr 20252,500,000
3 4-bed sales in the last 12 months

Fortunato

Building

325 apartments, studios to 4-bed over 4 floors in Jumeirah Village Circle (JVC), completed in 2014 by Al Tajir Real Estate. 18 sold in the last 12 months.

Typical price per sqft
AED 869 Up 3.3%
Typical sale
AED 950K
Typical rent
AED 65K /yr
Typical yield
8.4%
Fortunato, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the ground floor

All 325 units in Fortunato
Value
G012-bedAED 1.4M · Aug 2022
G022-bedAED 1.55M · Apr 2017
G032-bedAED 1.1M · Apr 2021
G042-bedAED 2.19M · May 2025
G052-bedAED 1.18M · Aug 2022
G062-bedAED 1.51M · Apr 2014
G072-bedAED 630K · Feb 2024
1–7 of 93

T-23, Fortunato in numbers

  • Sold once: by Al Tajir Real Estate on 15 August 2009 for AED 2,374,700, or AED 529 per sqft.
  • Rented since July 2015 on 8 Ejari contracts. The rent fell from AED 145,000 to AED 80,000 in 2022 and recovered to AED 160,000 by October 2025.
  • At AED 160,000 a year the gross yield on the 2009 price is 6.7%, before a service charge of about AED 46,100 a year (AED 10.28 per sqft).
  • Four-beds in Fortunato sold for AED 2,300,000–2,950,000 in the 12 months to November 2026; the building's median across all types is AED 869 per sqft.

Source: Dubai Land Department. Updated 16 October 2025.

Questions about T-23, Fortunato

What did unit T-23 last sell for?

AED 2,374,700 on 15 August 2009, sold by the developer: AED 529 per sqft for 4,485 sqft. It is the only registered sale of the unit.

What is the rent for unit T-23?

AED 160,000 a year on the contract signed on 16 October 2025. The previous contract, from November 2023, was AED 164,000; the unit has been rented since July 2015.

How big is unit T-23?

4,485 sqft (416.7 sqm): a four-bedroom apartment on the ground floor of a 4-storey tower completed in 2014.

What is unit T-23 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Fortunato sold for AED 2,300,000 to 2,950,000 in the last 12 months, around AED 722 per sqft.

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Mortgage on T-23, Fortunato

Starts from the last sale price (AED 2.37M, 15 August 2009). Switch to today's estimate once you have unlocked it.
Price
AED 2,374,700
Deposit, UAE resident (20%)
AED 474,940
Deposit, non-resident (40%)
AED 949,880
Monthly over 25 years at 3.7%
AED 9,716

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →